Content from Russ Banham

Russ Banham, a Pulitzer-nominated journalist and best-selling author, is a longtime contributor to Carrier Management

Exiting California’s FAIR Plan

Having steered clear of Altadena since late March 2025, shortly after the Eaton fire tore through the community, I decided to return this past weekend. My hopes were high for a sustained recovery. ...

Mythos Proportions

In late March, rumors of a new Anthropic Claude AI model called Mythos triggered a sudden sell-off in cybersecurity stocks. Panic mounted weeks later when the company confirmed that the software was ...

Two for One

The line between traditional indemnity insurance and parametric solutions is fading. Although carriers have offered both for decades, operational silos kept them separate: indemnity relied on ...

Predicting the Insurability of Prediction Markets

Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally be unmasked as Satoshi ...

Unpacking a Consumer Intervenor’s Novel Idea

Homeowners insurance is one of the most heavily regulated industries in the United States. Regulations aim to protect consumers from arbitrary rates and unfair practices and ensure that insurers can ...

The Good Neighbor

Life could not have been better for Merritt Farren. After a high-level career as Amazon's Associate General Counsel and then Disneyland's General Counsel, he formed Farren Law LLP to provide legal ...

War of Words

It's not every day that the chairman and CEO of one of the world's largest insurance companies issues open warfare against an entire industry. While no one was surprised that Chubb's Evan Greenberg ...

Selling the Right to Sue

Having already paid out billions of dollars in claims related to the Eaton fire, more than 100 insurers have filed lawsuits against Southern California Edison to recoup these costs, alleging the ...